2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
The binary options market (as well as other areas related to the trading of currency values) today is at an extremely developed level. You can verify this at least by the huge amount of advertising on the Internet (and not only), which lures the user with various sweet offers like earning three-digit dollar amounts per day, hour, and so on.
However, as you can guess, the reality is much more severe. Getting a substantial income from binary options is not so easy, and if we are talking about constant earnings for a beginner, even more so. Whatever promises advertising banners are decorated with, you need to independently analyze such a source of income as options trading. In addition, it is important to decide on the platform on which you would like to start working.
Earning scheme
First, a few words about options trading itself. Unlike work on the Forex market, where the user independently chooses temporaryplots for analysis, on binary options transactions are concluded for a predetermined period. As binary options brokers indicate on their websites (in Russia, their rating can be found on many resources - with their help we have compiled our own and will present it in this article), there are several options for the transaction time: 30 minutes, 60 minutes, 90 minutes - it all depends from the site. It turns out that the trader needs to predict what the exchange rate of the currency pair will be after this time (which, as you understand, is very difficult to do).
At the same time, describing the earnings scheme, binary options (without investment and with a fixed minimum deposit) indicate that everything works extremely simply. The trader has actually two options to choose from - lowering and raising the value of one currency to another. By clicking one of the buttons to determine your prediction, you are supposedly making an easier choice. Nevertheless, it is easier to predict the rate of growth or decrease in value and the duration of this process on Forex than on binary options.
Features
In addition to the specifics of the work itself, there are also some differences between the platforms that provide services for traders. There are a large number of those today - different projects have individual conditions on which they cooperate with their clients. Thus, having before your eyes a list that includes binary options brokers in Russia (rating, if you want), you can easily choose a more suitable option for yourself.
Of course, essentially everythingthe platforms are identical - the purpose of their work is the same: to provide the trader with access to signals, conclude transactions, transparently calculate the profit and loss of the client, withdraw funds and credit money to the account, and much more. However, according to the profile that binary options sites are positioned, many differences can be traced between them.
What criteria will we use to evaluate this or that site? Read about it in the next section.
Analysis of available platforms
So, at first glance, it is not easy to find differences in the services through which you can trade options. All of them are of high quality design, many have a similar layout of page blocks (and even the same images that contain financial charts). Sometimes it seems that the websites of these companies were developed by one person. But, perhaps, this question is not so important.
The appearance of the resource fades into the background if the conditions under which binary options work are taken into account. Without investing money at all or with a minimum amount for a deposit, with a particular rate of return, with a certain set of currencies for replenishing an account - each program has its own peculiarity. This also includes the level of support, the ability to trade a certain number of financial instruments (stocks and currency pairs), the ability to open a demo account to test your abilities, and so on. We will mention these criteria when we describe how binary options brokers work in Russia. Rating,presented in this article, we compiled on the basis of data that we could find in the public domain. This includes primarily the terms of customer service.
Rating
Already if we are doing some comparison between platforms, I would also like to note one important nuance. All platforms have their own advantages and disadvantages. Therefore, it is impossible to unambiguously note that one resource is many times more profitable than another. One can only single out one specific criterion and use it to determine how the company works.
In general, all binary options brokers in Russia (the rating we compiled proved this once again) are good starting points for both a person who is new to this topic, and for someone who already has significant experience options trading. It is pleasing that such serious companies, which will be discussed below, compete with each other on the market.
IQ Option
Of course, speaking of the Russian platform for trading, one cannot fail to mention this company. It appeared on the market only a few years ago (relative to how long other platforms work, the period is short). Despite this, the resource made a lot of noise. He was written about in many press releases, forums and blogs. Traders were actively interested in what attracts other players so much (if binary options can be called a game) IQ Option. We also figured out this issue.
Firstly, there is a low “entry” threshold. Minimum amountthe fee is only ten dollars - so much should be paid to a person who wants to try himself in the world of trading. Agree, this is small money, with which you can start earning much more. Secondly, there is a small step of rates. The minimum transaction price is one dollar. Thirdly, the platform generously distributes bonuses, various incentives and gifts to customers. For example, there is a 50% bonus for the first deposit. For some reason, this form of operation of the service is very similar to the business model of many online casinos. Regarding the rate of return in this site, everything is fine - the client receives up to 92% of the profit from the invested funds.
24Option
Next in our ranking is the broker 24Option. This is another very famous resource for making money on options trading. As its clients testify, the platform constantly offers some favorable terms of cooperation. For example, a 100% bonus is set for replenishing an account. This means that no matter how much you put into your deposit, you will end up with twice as much in the long run. The advantage of the site can be considered a wide selection of currency instruments - about 120 points. Thus, there is room for a true currency specialist to develop. They provide full round-the-clock support in various ways: by mail, by phone and by chat.
Binarium
Binarium broker is next on our list. Binary options with this company are even more accessible than with others, because the minimum deposit amount is set at 9dollars! True, the platform does not offer a demo account, virtual currency trading. This means that traders also practice here with real money. The income that a client can receive is limited to 85% of the invested amount.
The company was founded in Russia in 2012. According to the reviews of those who work with this platform, there are even Russian assets in the broker's portfolio.
Binary
An interesting resource for trading can be a platform developed by Binary. Reviews about this site show that it has very flexible conditions for concluding transactions. On it you can also meet, perhaps, the lowest entry threshold - only $ 5. Bets here can include one dollar.
However, you should not assume that with such restrictions, the broker is aimed at a low segment of traders and those who have just started their activities in the financial world. In fact, even professional traders have something to work on here - the platform promises a wide range of tools and high-quality support. Despite the meager amount to start with, they also offer a demo account. In general, all conditions are provided for a successful start and continuation of your career in the world of options.
AnyOption
Next we placed a company that has a much higher entry threshold for traders - the minimum deposit amount is listed at $200. The rate at which an options trade can be made is 25$.
But the company boasts another advantage. We are talking about a 15 percent return of funds lost by the merchant. As the reviews describing AnyOption indicate, this resource does not provide a demo account. Again, this deprives users of the opportunity to get used to the system interface. Some traders claim that the company sometimes conducts some manipulations in the market. This is expressed in the fact that buying options if there is a really profitable entry point for the trader simply does not work. Therefore, there is an active discussion on the Internet on several projects of how the company manages to do this, and whether it is even possible.
There are other nuances in working with AnyOption. Reviews note too high requirements for documents from the trader. In fact, in order to withdraw funds from here, you need to specify in detail all your passport data, which will be checked for another period of time. These are the safety standards for working here.
However, the platform is very popular and pays like clockwork.
uTrader
UTrader is convenient for work and interesting from the point of view of cooperation. We managed to find reviews of grateful customers about it on many resources. They note the efficiency of the support, the policy of the company as a whole, the availability of a wide range of currency instruments.
The platform started its activity in 2011, is registered in Latvia - it is precisely due to this that it can offer flexible working conditions for both domestic traders and Western specialists. This is indeedalso applies to withdrawal methods, which is very convenient.
The lack of a demo account is a minor drawback of uTrader, though. Reviews indicate that the minimum deposit here is $200 and the bet is $20.
StockPair
Foreign company, which for its successful activities in the Russian market has opened a domestic division, is StockPair. The reviews characterize the site as an interesting platform for those who would like to try their hand at a somewhat unusual type of trading - pairs of shares of various companies. Perhaps this approach will be justified for specialists in securities quotes and the ratio of their prices.
Since the company started its activities in the Russian market, you should not worry about depositing and withdrawing funds from here. The platform provides all the most popular and convenient methods for the Russian visitor. The credibility of the company, according to reviews, is also on top.
Opteck
If you are looking for a platform that will provide the most flexible terms of transactions (in particular, the ability to set a different period for which you need to predict the course), then you should stop at the Opteck resource. The reviews that we were able to find regarding the activities of this resource are encouraging and inspire confidence in the company.
In the description of the activity of the site, it is noted that in the most exclusive cases, the broker makes it possible to earn all 100 percent of the funds invested in trading.
At the same time, newbies and peopleFor those wishing to try their hand at options trading, there is nothing to do here - the minimum deposit amount may seem too high for most of these users. But there is an opportunity to create a demo account, with which it will be most convenient to work with a new client.
Recently, the opportunity to conclude transactions for a period of a minute was connected here, which reduces the spread of the time for which a forecast should be made.
TradeRush
Next in the hierarchy of our list of options trading platforms is TradeRush. Reviews indicate that the resource has an excellent organization - the most requested functions are provided here, while there is nothing superfluous. The minimum amount for depositing into the account is limited to 2 hundred dollars, that is, it will not work here to allocate less to start work. Transactions can be concluded for at least $10.
Income of the system participant is limited to 81%. There is also good news for those who lost their money here - the company returns 10 percent of the lost amount to the account.
OptionFair
One of the youngest companies on our list is this platform. It features a wide range of currency pairs and stocks, user-friendly software, and a very competitive rate of return of up to 85 percent.
As noted by the reviews describing OptionFair, this resource can also be classified as the most “generous” - there are many bonuses and various incentives that allow you to increase your account balance much faster. Indeed, as those whoalready had experience with this office, all the bonuses received, despite their beautiful presentation, cannot be called a gift. Each of them must be played many times.
Dragon Options
Not the most convenient in terms of working conditions, but one of the most reliable and reputable is the Dragon Options site. If you believe the reviews, this resource offers a yield of up to 86 percent of the deposited amount. The minimum payout here is $200 and a bet can be made with at least $25.
Conclusions
Binary options trading is a promising area in which big money is really spinning. Of course, it is far from being what it says in the beautiful brochures and banners posted all over the web. It cannot be said that this kind of trading is a simple and easy income available to everyone, not at all. And if you start working without proper preparation, you will simply lose your deposit.
However, you should not get upset and quit. If you read the reviews, you will notice a lot of comments from different people about the winnings and profits they receive from trading. This means that there are those who manage to earn (and good money) in this area. Then why are you worse than them?
When choosing a broker, pay maximum attention to what reviews are left about it, what users say about this resource.
Consider all the companies that offer option trading in this article, we will not be able to because of their large number. Above is information about the most popularthem.
Who knows, maybe you will be able to make some serious capital, and you will find your own approach in this matter. Good luck!
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